7view

Owner Contacts

$151,000

NAL Estimated Property Value

16540 Diana Lane, Houston, TX, 77062

Off Market

2 Beds

2 Bath

1,102 Sq Ft

$131.58 / sqft

Built in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Dishwasher, Washer/Dryer

FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1964

Stories1

Land Information

APN1102530000008

SubdivisionKings Village T/H Condo 2nd Am

Land UseResidential

Legal DescriptionTH 16540D BLDG F KINGS VILLAGE T/H CONDO 2ND AM

Census Tract340502

Assessed Land Value$26,678

Assessed Improvement Value$113,735

Assessment Year2025

About this property

Great home right in the heart of Clear Lake! This newly updated and modern style townhome offers 2 large sized bedrooms and 2 full sized bathrooms as well as a great kitchen with updated touches noticed throughout. Fresh paint, new flooring and brand new sliding glass doors really enhance the home and brings in tons of natural lighting. Great utility room located off the living area, as well as a big storage closest near both bedrooms. This unit also includes a generous sized back patio with a beautiful green space as well as a fully fenced in yard which opens to your parking space. Walking distance to the Clear Lake Recreation Center, parks and pools.

Investor Tools

$151,000

Estimated Property Value

$79,298Estimated Mortgage Balance

$71,702Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$906 /month

Positive

Cash Flow Estimate:

$302 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$152/month

$295/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,065

$140,413

2025

$26,678

$113,735

$140,413

Tax History

Year

Tax Paid

Assessed Value

2020

$1,065

$140,413

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Barrett Financial Group Llc

Conventional

$85,250

First

Aug 24, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$79,298

$71,702

47%

53%

$512/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$807/mo

+$500/mo

10.4%

Learn About the Market: Opportunity in Houston

Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore This Area